Sam  

@niremas

Economics/Finance at UWS (2012), currently employed in the legal services industry. Investor in , and . Pragmatist and realist.

Sydney, New South Wales
Se unió en enero de 2010
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  1. Tweet fijado
    20 oct. 2018

    I'm calling for a 20% drop in Sydney in the next 12 months, I'll pin this to my profile and see if I get it right 🤓

    Preliminary Domain auction clearances. Sydney 45% (=final ~39%, last wks final was 45%). Melbourne 49% (=final ~44%, last wks final was 47%). Sales volumes in both running down 50% on a year ago. Weakness continuing. ...
    17 respuestas 11 retweets 90 Me gusta
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  2. retwitteó
    hace 14 horas
    En respuesta a

    The precedent has been set. Now tell me what the incentive is to build a quality apartment block in Sydney. If 20% of the block built in Sydney are this defective how big is the hit to the budget?

    2 respuestas 3 retweets 22 Me gusta
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  3. retwitteó
    hace 14 horas

    PUBLIC NOTICE - PLEASE SHARE as much as possible TWEETERERS... Tenants should be compensated by their respective Property Managers for them not disclosing Material Facts about the buildings tenants will win in Tribunal... YOU CAN TAKE THIS TO THE BANK...

    3 respuestas 9 retweets 22 Me gusta
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  4. retwitteó
    hace 14 horas

    One off in terms of compensation for residents of what about all others to face demise soon? ⁦⁩ here’s tip - Residents should chase Prop Managers & Strata Comp for not disclosing material fact... Follow the $$$ in brown bags..

    4 respuestas 8 retweets 20 Me gusta
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  5. hace 14 horas

    Banks' balance sheets will resemble the mess of the late 1980s commercial real estate bubble collapse, give it another couple of years, 2-3 max, if not sooner

    The Minister for Better Regulation is bailing out the poorly regulated mates. $220 per night for a $400pw apartment? Can stay at the Intercontinental Double Bay tonight for $169 on Expedia or Shangri La for $200
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    1 retweet 13 Me gusta
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  6. retwitteó
    22 jun.
    En respuesta a

    Uh uh careful we are not all the same. Some baby boomers are arrogant, smug, self satisfied pricks. Some of us are grateful for the easy life we have had, the free education, the cheap housing and have great concern for the generation after us.

    1 respuesta 2 retweets 11 Me gusta
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  7. retwitteó
    22 jun.

    An updated graph. Clearly shows housing was the most affordable during the progressive social democratic period 1940-1970. Even with higher mortgage IRs during the 1980s, affordability was still much better than today.

    10 respuestas 21 retweets 37 Me gusta
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  8. retwitteó
    22 jun.

    If you want the real story on housing affordability, read the article by & I. Baby Boomers had it easy by comparison to millennials & Gen Z, and they do everything to hold onto their unearned, privileged position. Worst rentiers of the lot.

    1 respuesta 13 retweets 43 Me gusta
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  9. retwitteó
    22 jun.

    Baby Boomers are the most greedy and self-entitled generation in existence. Complaining about 17% mortgage rates is bogus: lasted only a few years, house prices were far cheaper, wage inflation rapidly eroded debts and house prices boomed thereafter.

    28 respuestas 36 retweets 135 Me gusta
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  10. retwitteó
    22 jun.

    The kitchen sink has been thrown at the Sydney housing market and all we got was a “preliminary” Auction result of 63%. More cracks in this so-called recovery than Mascot Towers

    12 respuestas 9 retweets 97 Me gusta
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  11. 22 jun.

    'No effective oversight': why the Opal and Mascot Towers cases may be the tip of a very large iceberg

    3 respuestas 5 retweets 22 Me gusta
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  12. retwitteó
    22 jun.

    The guys who writes the world’s most popular economics textbook has no idea about debt and money.

    Gregory Mankiw: The National Debt Is Still a Problem
    5 respuestas 8 retweets 34 Me gusta
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  13. 22 jun.

    I agree that these people deserve better and the apartment market has been left somewhat unregulated by the NSW Government and it’s government fault, but soliciting money from the public for repairs? Get the fk out of here, if it was for short term accomodation, may be

    Este Tweet no está disponible.
    3 respuestas 1 retweet 16 Me gusta
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  14. retwitteó
    22 jun.
    En respuesta a

    If that's not the biggest example of 'fuck you I got mine' and sense of entitlement that's all too common in Australia, then I really don't know what is..

    1 respuesta 1 retweet 12 Me gusta
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  15. 22 jun.

    They took the risk now they’re looking for a bail out, lol.

    11 respuestas 4 retweets 36 Me gusta
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  16. retwitteó
    21 jun.

    **BREAKING** "A Cook County judge ordered the appointment of a special prosecutor Friday to investigate the controversial decision to drop all charges against Jussie Smollett."

    1.354 respuestas 7.241 retweets 23.534 Me gusta
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  17. retwitteó
    22 jun.

    Just passed in on opening vendor bid of 685,000 !!! House is 20 mins from Melbourne cbd .

    9 respuestas 4 retweets 19 Me gusta
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  18. retwitteó
    21 jun.

    “Inquiries have gone through the roof”... “haven’t received any firm offers” ... Sounds like there was a firm offer at $1000

    10 respuestas 9 retweets 59 Me gusta
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  19. retwitteó
    21 jun.

    💩💩💩💩💩

    2 retweets 6 Me gusta
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  20. retwitteó
    21 jun.

    This is the method employed by our financial regulators on performing proper audits of our lenders' underwriting standards.

    2 respuestas 8 retweets 31 Me gusta
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  21. retwitteó
    21 jun.

    Prof. Black talking about the mortgage control fraudsters in the US. This also helps to explain why APRA and ASIC have never performed proper audits on the banks' loan books: if you don't investigate, you don't find.

    1 respuesta 6 retweets 15 Me gusta
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